A US Dollar collapse is not imminent. In fact, the US economy is doing fairly well. The country has weaned itself from foreign oil. The US may be on a long term bull market.

Oh yeah... I think that USA has a goal of energy independence by 2020 or something. The Arabs must be sweating bullets about it . I hope America's targets are based on their domestic production (including Canada) and not considering the output from Afghanistan and Iraq.

Quote:

Originally Posted by swami

Petrol and Gold going down,hope the Rupee goes up so that we in India can say dollar went down

Whenever the dollar index goes up, gold goes down. In last year or so, Rajan has done a good job of holding INR. If he continues with it, some people's dream of gold @Rs. 16000 per 10 gms may come true

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